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research on this point. it turns out the biggest recipients is religion and religious organization. i myself give as much as i can. we built a catholic church, for heaven's sake in connecticut. it's pretty rare these days to build churches, most people are tearing them down. my point is people bhor giving to religious operations are not doing it because of the charitable deduction. they are doing it from the heart. >> well, you've got to understand, the point that was -- those organization are -- let's be clear about where this money goes. it goes through organizations who serve vulnerable peeble. we have 46 million people in poverty, a number of people struggling, why does is it ever make sense to reduce the incentive to help those individuals? >> i want to help them. that's not the issue. the issue is how to help. i think what lenny is saying, if you have an economy that is prospering and growing and creating wealth, then the people who have more resources to pony up for all these very, very good -- >> but larry, we don't have that economy. >> it isn't about -- i understand that, bu
to recover and then clinton got the religion, he cut capital gains. >> steve is giving your man all these kudos and you're not taking them. >> two things first, larry, didn't president reagan raise the capital gains tax rate? >> in a tax reform plan he did. >> exactly. that's my point. was that class warfare when he did that? was that class warfare when he did that. >> revenues went down. >> the question, though, was that class warfare? i don't think you would call that class warfare. it's funny times have changed. >> we cut the top freight 50 to 28%. >> and george h.w. bush brought it back up again because he lost so much revenue. >> that's the great part about history you read what you want to read. thank you gentlemen very much. up next on kudlow, president obama issues a war ultimatum to syria. if they dare use chemical weapons and my question where did syria get those wmds. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the s
Search Results 0 to 1 of about 2